New Orleans RTA Selects Allison eGen Flex-Equipped New Flyer Electric Hybrid Buses
Portfolio Pulse from Benzinga Newsdesk
The New Orleans Regional Transit Authority (RTA) has chosen New Flyer's electric hybrid buses equipped with Allison's eGen Flex system. This decision marks a significant step towards sustainable public transportation in New Orleans.
March 20, 2024 | 12:54 pm
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POSITIVE IMPACT
Allison Transmission's eGen Flex system being selected for New Flyer's electric hybrid buses by New Orleans RTA could boost Allison's market presence in sustainable transit solutions.
The selection of Allison Transmission's eGen Flex system by a significant public transit authority like New Orleans RTA highlights the company's competitive edge in the electric hybrid bus market. This could lead to increased demand for Allison's products, positively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80